MiniMax AI (HKG: 00100)

AI/ML · Shanghai, Shanghai · Founded 2021 · Publicly Held

MiniMax Group Inc is a AI foundation model company. MiniMax AI (HKG: 00100) is based in Shanghai, Shanghai and was founded in 2021. It is now publicly traded; this page covers its private-market history, where its last recorded valuation was $6.6 billion (Jan 2026). It has raised $2 billion across 4 recorded rounds; the latest was a $1.2 billion post-ipo share placement round in Jul 2026.

Last price · $/share
—
Implied valuation
$6.6B
Total raised
$2.0B
Last round
Post-IPO Share Placement
Jul 2026
What is MiniMax AI (HKG: 00100) worth?
$6.6Blast known valuation

MiniMax AI (HKG: 00100) last raised $1.2B in its Post-IPO Share Placement (Jul 2026).

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MiniMax AI (HKG: 00100) funding history

4 rounds
DateRoundRaisedPost-money
Jul 2026Post-IPO Share Placement$1.2B▮
Jan 2026IPO$619.0M▮
Mar 2024Series B$600.0M▮
Jun 2023Series A$250.0M▮
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MiniMax AI (HKG: 00100) valuation

MiniMax AI (HKG: 00100) is now publicly traded; this page covers its private-market history, where its last recorded valuation was $6.6 billion (Jan 2026). Secondary trades, fund marks and rounds below are the private-market record; the listed share price is not tracked here.

How much has MiniMax AI (HKG: 00100) raised?

MiniMax AI (HKG: 00100) has raised $2 billion across 4 recorded rounds since 2023. The largest was a $619 million ipo round in Jan 2026; the most recent was a $1.2 billion post-ipo share placement round in Jul 2026. 1 of the rounds disclosed a post-money valuation.

Comparable companies

Comparable ai/ml names by valuation on PrivateMarketView: Mercor ($10 billion), Higgsfield ($5.4 billion) and Sakana AI ($2.6 billion).

How MiniMax AI (HKG: 00100)'s valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For MiniMax AI (HKG: 00100), too few pricing signals exist to publish a composite mark; the figures above reflect the most recent observed valuation event. Full methodology →

Frequently asked about MiniMax AI (HKG: 00100)

What is MiniMax AI (HKG: 00100) worth?
MiniMax AI (HKG: 00100)'s last known valuation is $6.6B.
How much has MiniMax AI (HKG: 00100) raised?
MiniMax AI (HKG: 00100) has raised $2.0B in total funding across 4 recorded rounds.
When did MiniMax AI (HKG: 00100) last raise?
MiniMax AI (HKG: 00100) last raised in Jul 2026 (Post-IPO Share Placement), raising $1.2B.